Duration
40h Th, 15h Pr
Number of credits
| Master in economics : general (60 ECTS) | 5 crédits |
Lecturer
Language(s) of instruction
French language
Organisation and examination
Teaching in the second semester
Schedule
Units courses prerequisite and corequisite
Prerequisite or corequisite units are presented within each program
Learning unit contents
The purpose of this course is to familiarize students with fundamental economic mechanisms by analyzing individual behaviour (microeconomics: consumer, firm & markets). Special attention is given to their applications for future graduates in management. The course covers topics in the following areas. General introduction: definitions and basic concepts. Microeconomic approach: theory of demand, theory of production and costs, perfect competition, monopoly, monopoly and price discrimination, natural monoply, oligopoly, cartel, monpsony and monopolistic competition.
Learning outcomes of the learning unit
The student must be able to:
- explain the main basic concepts of economics;
- explain and analyze basic mircro-economic behaviors and mechanisms, ;
- understand the relationships between the main micro-economic variables;
- understand and apply microeconomic concepts used in management sciences.
Prerequisite knowledge and skills
Planned learning activities and teaching methods
Ex cathedra presentations.
Mode of delivery (face to face, distance learning, hybrid learning)
Face-to-face course
Further information:
Lessons and exam in French only
Course materials and recommended or required readings
Varian Hal, Introduction à la microéconomie, 8ème édition (Traduction de la 9ème édition américaine par Bernard Thiry), De Boeck Université, 2014.
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PPT presentations and various documents available on MyULiège .
Exam(s) in session
Any session
- In-person
written exam
Further information:
Exam(s) in session
Any session
- In-person
written exam ( open-ended questions on theory and exercise ) in french only
Work placement(s)
Organisational remarks and main changes to the course
Attendance at lessons is strongly recommended.
Contacts
Prof.: Henry-Jean GATHON, phone: 04 366 2778, hj.gathon@uliege.be
Assistant: Pierre Copée, phone: 04 366 3048, p.copee@uliege.be